Investors

Making early binding measurement more accessible

Computational discovery can generate candidates faster than teams can test them, while instrument costs and inflexible assays restrict the experiments many researchers can undertake. Pavonis is commercializing VICA™ to address that gap through flexible binding measurements, small-sample studies and a portable reader. The commercial opportunity is to serve teams that need experimental evidence but cannot justify the equipment, infrastructure or material required by their existing options.

Market

Serving research and discovery teams

Pavonis’s August 2026 market analysis identifies a $4.55 billion North American research immunoassay market. Within that market, our initial focus is on emerging biotechnology companies, AI-driven antibody and peptide developers, CROs and academic researchers whose work is constrained by cost, sample availability or access to instruments. A Pavonis-run study gives those teams experimental measurements without a capital purchase and gives Pavonis a route to paid work around an immediate research need.

As AI design produces more candidates, the need to compare their binding creates further demand for experimental testing. VICA™ supports that work through small-sample studies in selected solid-phase and solution-phase formats, allowing teams to investigate more options before committing material to detailed characterization.

Commercial model

Service studies and products in development

Commercial offerCustomer useRevenue model and development stage

1. PILOT & SERVICE STUDIES

Get binding measurements for a defined research question without purchasing an instrument, then commission further studies as needed.

Paid pilot and service engagements, with opportunities for follow-on studies.

2. ASSAY APPLICATION KITS

Continue testing with an assay developed for an established application, building on the value demonstrated in earlier studies.

Kits are in development to support continued testing and repeat purchases.

3. HARDWARE, REAGENTS & SLIDES

Run established VICA™ assays in the customer’s own research setting, with the supplies needed for ongoing testing.

Hardware sales create opportunities for recurring reagent and slide purchases.

The research market provides the starting point for expansion into agricultural and other applications. Field studies demonstrate how assays can be adapted to another setting, while new medical and clinical applications require their own development and validation.

Progress

Publications, installation and paid customer work

Peer-reviewed research

Publications in npj Biosensing, Molecular Pharmaceutics and Nature Communications describe VICA™ methods and selected research applications.

Customer work

9Bio progressed from a VICA™ pilot to paid work with Pavonis.

Research installation

A VICA™ platform is installed at MolScreen.

Technology

Colour-active surfaces and a portable reader

VICA™ makes binding visible through an optical change at an engineered surface. A camera-based reader records that response, allowing the platform to use compact readout equipment for selected interaction measurements. The materials science and manufacturing expertise behind the surface are central to that approach.

For the customer, this design combines experimental flexibility with portability. For Pavonis, it creates opportunities to serve both laboratories seeking affordable access and research teams that need to measure samples in the field. The same platform can support different assays as applications are developed.

Pavonis portable reader illustrated over diagonal bands in the five brand colours
Camera-based reader
Colour-active surface

Team and IP

Scientific, engineering and commercial experience

Todd McMullen brings the discovery-research experience that defined the problem VICA™ addresses. Robert Burrell, inventor of ACTICOAT™ and holder of more than 300 patents worldwide, contributes the materials and manufacturing expertise needed to build the platform. Aaryn Flynn brings a technology commercialization record exceeding $100 million. Together, their experience spans the scientific need, product development and commercial execution.

The VICA™ platform combines a substrate, chemistry and reader, supported by the team’s materials engineering and manufacturing know-how. Investors can discuss the intellectual property covering those components and the company’s development priorities directly with Pavonis.

Investment priorities

Development priorities

Commercial growth depends on reaching suitable customers, delivering repeatable studies and developing products for continuing use.VICA™ is currently operated manually for selected research studies; automated thousand-compound screening and specialist low-picomolar measurements require other capabilities.

Sales & partnerships

Reach suitable customers and build relationships that lead to further studies.

Manufacturing capacity

Develop capacity to support products for continuing customer use.

Software & analytics

Develop the software needed for expansion, including cloud analytics.

Healthcare professional holding a piggy bank, with a stethoscope

Discuss investment in Pavonis

Introduce yourself or your organization and tell us which aspect of the investment opportunity interests you. We’ll discuss the initial customer market, commercial progress, product development and investment priorities so you can assess how Pavonis plans to grow.